A 3 bedroom terraced house on Lincoln Road, Walsall, WS1. The property is being marketed by I Love Homes (01922 312 832). The property looks like a pretty decent spec and with a minimal outlay can tweak the spec a little further with some decor changes and sorting out the rear garden. Marketed at offers of “In the region of” £99950 with I love Homes (01922 312832).
New Prime Minister, Theresa May, has taken no time at all to comment on housing in the UK. Speaking in Birmingham, she said it was important to give people more opportunity: “It is why housing matters so much, and why we need to do far more to get more houses built. Because unless we deal with the housing deficit, we will see house prices keep on rising. Young people will find it even harder to afford their own home”.
I thought I would look at the Walsall property market numbers to highlight what sort of problems she faces.
A 3 bedroom terraced house on Butts Road, Walsall, WS4. The property is being marketed by Bairstow eves (01922 321 791). Unfortunately, the listing lacks photos of the bathroom and two of the bedrooms. The spec looks right on the money with no major issues that need immediate attention. Marketed at offers of over £100000, however it is interesting to note that the price has been reduced by £10000 in just over a month since being listed.
A two bedroom terraced house in the Palfrey area of Walsall, WS1. A pretty much decent spec here and one that can be let as is. The asking price is £90000, which is about average for a property of this type and area. The location is ideal for local schools, all within a mile. Healthcare amenities such as doctors, dentists and chemists are also within easy each. Transport services are very good with bus routes and major road networks nearby with Walsall town centre less than a mile away. There is double glazing, gas central heating and parking is on-road. I would urge a viewing asap.
In this post credit crunch world of sub terrain low interest and annuity rates, the growth of buy-to-let since 2009 has been phenomenal. The rates are so low, even a limbo dancer would struggle! So much so, there has been an evolution in purchase of property in the UK from that of just buying the roof over one’s head to that of a buy-to-let investment where it is seen as a standalone financial asset to fund current and future investment – complimenting or even replacing a pension. So recently, a couple of weeks before the release of latest Land Registry data of property transactions, quite a few market commentators were anticipating a huge increase in the number of properties sold in March as the 1st April 2016 stamp duty deadline got closer.
So what do the numbers tell us?
Roll up, roll up guys and gals and feast your eyes on this little beauty! My advice? Get in there now and arrange a viewing! Unfortunately, no photos of the bedrooms or rear garden, but from what I can see, the spec is bang on the money. If the two bedrooms are in just as good a condition, then this baby is good to go.
A two bedroom terraced house in the Birchills area of Walsall, WS2, The asking price of £79950 and if everything checks out, is an absolute bargain! Apologies for all the exclamations, but someone else is gonna snap this up. The asking price alone is a good twenty grand below the average and nothing, on the face of it, needs to be done in order to let this one out straight away.
‘Great investment or first time buy’, so reads the post. There is a tenant already in situ, so on the face it, this one seems all ready to go. However, there is just one vital piece of information the agent has neglected to mention…Can you guess what the vital piece of information it is? Yep, that’s right…They forgot to mention what the current monthly rental is…Quite a HUUUGE omission when they’re marketing the property with ‘Sitting tenant’, don’t you think? Anyway, I contacted the agent and they confirmed the pcm rental to be £525.00.
Sadly, lacking photos of the bathroom and the bedrooms. Additionally, these photos must have been taken before the tenant moved in, so a viewing is an absolute must in order to evaluate its current state. But from what I can see, a nice and tidy property with a decent spec.
The location is ideal for local schools and other amenities and transport services are within easy reach. There is double glazing, gas central heating and parking is On-road.
A traditional two bedroom terraced house in the Caldmore area of Walsall, WS1. A pretty nice spec, however, there will need to be some changes to the decor. The asking price is about average for the type and area. The location is ideal for local schools and the Blue Coat Academy is just a quick walk round the corner. Healthcare amenities such as doctors, dentists and chemists are also within easy each. Transport services are very good with bus routes and major road networks nearby with Walsall town centre on your doorstep. There is double glazing, gas central heating and parking is off-road. I would urge a viewing sooner, rather than later.
As the post states, ‘In need of modernisation’. In my humble opinion, it is not lettable in its current state. For one, it doesn’t look like it has any form of central heating. Secondly, lack of photos to the rest of the property really doesn’t allow an informed opinion as to the overall property condition. A viewing is a must, therefore and sooner rather than later. On the positive side the location is popular for rented accommodation and is less than a mile from J9 of the M6 and adjacent to other major road networks. There are a wide selection of schools within a mile radius along with other amenities.
A two bedroom terraced house in the Birchills area of Walsall, WS2, listed 3 days ago! There’s room for improvement here as the spec is not up to a lettable standard in my humble opnion. The asking price is £89950. The location is ideal for local schools, all within a mile. Healthcare amenities such as doctors, dentists and chemists are also within easy each. Transport services are very good with bus routes and major road networks nearby with Walsall town centre less than a mile away. There is double glazing, gas central heating and parking is on-road. I would urge a viewing sooner as soon as you can.
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